In 1992, the government made superannuation compulsory to ensure that every working Australian saved for their retirement. The policy aimed to address the challenge of retirement income in three ways.

Five Tips to Help You Afford Retirement at 50 The dream of every adult worker is retirement – the day we can finally clock out for the last time, say goodbye to the stresses and troubles of the labour force, and spend the rest of our lives doing the things we’ve always dreamed of doing. […]

The sooner you start thinking about retirement, the better: it’s a truth that many people have had drummed into them since their first days on the job. Just as important as starting to save as early as possible, however, is how much you save toward retirement. How much money do you really need to retire and live comfortably during your senior years? Read more to find out.

A superannuation allocated pension is started with a lump sum of money that you are paid from your superannuation account when you reach the appropriate age based on your birth year. This age is somewhere between the ages of 55-60. If you were born after 1 July 1964 you will have to wait until you are 60 to open such an account. Learn more.

As super death benefits don’t automatically form part of your Will, it’s important you nominate a beneficiary so your super fund knows who you want to get your super after you are gone. Find out how.

Retirement should be a time to sit back and enjoy life, not stress about money. Here are some tips to saving and planning for retirement.